Add Up The Pieces: HAIL Could Be Worth $67
May 03, 2021 at 11:22 AM EDT
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the SPDR— S&P Kensho Smart Mobility ETF (HAIL), we found that the implied analyst target price for the ETF based upon its underlying holdings is $66.71 per unit.